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20121202
20121210
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KTVU (FOX) 21
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number because of hurricane sandy. what do you think about that? > > i think the market will dismiss a weaker-than-expected number because of hurricane sandy and the distortions that it has and look more toward next month, or january's report, that we will get. so, i think they will let it slide. but it should be weaker than expected. i think that is expected by the market, so it shouldn't be a surprise. > goldman sachs has a call out that we will see a renaissance in commodities. are you bullish on any particular commodities here? > > i am bullish on the agriculturals, for reasons of which the supply and also the growing drought that we had this past year, the continued conditions that make for dry growing season next year as well. so i think from a supply/demand standpoint, yes, i think agricultural. the other thing i like, commodities in general, is when the fed's buying $85 million a month worth of treasuries, i think you are going to have to like commodities. > what is your play on the dollar? > > i would have expected it would have had a little more strength this year, especial
are back on track after hurricane sandy disrupted the pace. dealership showrooms are busy again with people forced to buy cars demolished by the storm, and consumers are feeling more confident about the economy. at ford, sales were up 6.5%. gm reported a 3.4% hike in sales, while at chrysler, a 14% boost was reported. joe wiesenfelder of cars.com says due to superstorm sandy, the numbers may continue to roll in positive for months to come. "some of what we are seeing is probably deferred purchases in november from that period of the storm itself. gains were also reported among foriegn brands like toyota, where sales were up 17%. the automaker continues to recover from last year's devastating tsunami. a deal may be taking flight between virgin atlantic and delta. reuters reports that singapore airlines is planning to sell its 49% stake in virgin atlantic. sources say delta could be stepping in to buy, which would give delta access to virgin atlantic's hub at london's heathrow airport. due to heathrow's high volume of flights, many airlines are interested in acquiring space there. the bank at
stock is up 8% after announcing job cuts in the effect of hurricane sandy on job growth. it plans to cut 11,000 jobs starting in 2014, that is 4% of the total workforce at locations around the world. most of them would come from the bank's consumer banking unit. business analyst blame sandy for a lower number of new jobs in november. >>> the cadecott tunnel turns 75 today. it opened in 1937 connecting oakland and orinda. it is build 27 years later. a fourth one is being drilled through the east bay hill. it is scheduled to open next year. they will have four lanes in each direction at all times. >> today on the news at five. in or era, where we hear about state budget cuts. the many lawmakers take advantage of this. and it is all paid for by taxpayers. >> they are on the list and the services they receive. >> thank you for trusting ktvu, channel 2 news. be sure to join us again at five. we are always here for you and at ktvu.com.
sandy and the fiscal cliff. 146,000 jobs have been added. and the unemployment rate fell to a four year low of 7.7% from 7.9% in october. coming up at 6:00 we look at one bay area industry where just having a job creates jobs. the impact one worker can have on the economy . >> authorities are serging for a 63 year old woman who is missing. they say she caulk r walked away from her home around 1:00 a.m. . >> here in the bay area and around the world, people are marking the day, 71 years after the attack on pearl harbor. . >> here at the top of the mount, you can see something that happens just once a year, the beacon is lit up to commemorate pearl harbor day. it was an early day for survivors in alameda. the memories are still fresh for the men that were there. >> i saw that first or the pediatric doe drop --. >> i felt six hit the port side of my ship, tore a big hole in there. . >> 94 year old george larson was in the coast forward that day and saw the planes. >> one flew right over me but 200 feet above me. i could count the rifts on the lane. >> 71 years later, larson feelts
coast are trying to make homes livable following super storm sandy. under the program they will be sending contractors at no charge to homeowners. 400 projects have been completed so far but some say help is not coming fast enough. >>> at least 33 people are dead after a powerful typhoon hit the philippines overnight. the storm has knocked out power and suspended major land slides and more than 1,000 people evacuated -- have been evacuated from their homes that were hit hard one year ago. >>> the u.s. geological survey is warning homeowners about the danger coming up at 5:00. >>> the strike continues at the largest port complex. they set up picket lines at long beach one week ago today. dockworkers are refusing to cross those picket lines and that means ships are sitting outside the port and that means shortages in retail stores through the holiday season. >>> they will discuss a plan to shoot at birds at runways. it will allow trained employees to shoot blank or bird shot to disburse flocks of birds. more than 180 air collisions have happened. >>> and united airlines
as having black hair, dark eyes and a light sust -- car damages after superstorm sandy boosted car sales. ktvu's cara liu is live. what are we seeing in the south bay? >> reporter: this dealership sold six cars over the weekend. including an suv like this one. they say that is a good weekend considering the rainy conditions. >> reporter: u.s. car sells were up in -- sales were up in november. he says it is one of several indicators the economy is recovering. >> the unemployment rate is declining slowly. gdp continues to grow. looks like the housing market may have bottomed out. so it is a recovery. >> reporter: volkswagen up 35%. and toyota up 17%. chrysler up 14%. here in the bay area, they say the november numbers aren't in but so far they beating the national trend. >> we are seeing increased sales. again, some 25% year to date this year. >> reporter: he says it is encouraging news that more people are willing to buy new cars and trucks. >> in the united states athere is 17 million cars and truck -- states there is 17 million cars and trucks. >> reporter: november was a difficult mont
some skewed data from hurricane sandy but you back that out and i think things really stand the same. gold futures and options are very popular right now. what's going on here? i think really one has to think about if this economy would ever get any legs, any momentum. you have to think about the inflation picture. the fed has got so much emphasis on this market. it's an open ended quantitative easing market at this point. any type of momentum, any type of inflation, people are going to be concerned about that and that's why you're seeing this major interest in gold. will warmer this week bring a chill to nat gas? i think definitely it will. you saw last week futures prices sink back to 350 or so on a bigger build in inventories when we were expecting a draw. we look at the extended range forecast and we do see warmer temps across the east coast and the midwest. it's going to take a cold winter to draw off these inventories and to bring prices back up to higher levels and we're just not seeing that at this point. thanks kevin, have a good week. thank you. mexico's new president was i
is a sign that nearly the effects of superstorm sandy has faded. and this comes as the government releases the closely- watched survey for november. >>> apple will produce one of its existing lines of mcintosh computers next year. tim cook, the ceo, did not say which line or where in the house -- where in the u.s., the computers will be assembled. many are made in china. in the 1980s, they were made in fremont. in 1990, the production moved to elk grove in sacramento county. >>> lawyers for apple and samsung are scheduled to be back in federal court in san jose today. samsung wants the judge to throw out a billion-dollar judgment against it for infridgement and wants the judge to add $5 million of the award and -- apple wants the judge to add $5 million to the award. apple's stock, it is up nearly 1% after taking a big fall yesterday. >>> the grammy nominees were announced this morning and "fun" could get all top three awards for album, record and song of the year. "fun" shares a tally of six nominations with five other artists -- >>> the san francisco symphony also received a nod for best
,000 people. claims surged in mid-november after superstorm sandy put many out of a job. data from the u.s. department of labor revealed california's program failed every year since 2001 to send 87% of first payments within three weeks as required by federal standards. f bart's board of -- >>> bart's board of directors gives military veterans an advantage. they will get a 5% bunk to their score. it does not apply to those who were dishonorably discharged. f muni sell -- >>> money celebrates its 100th birthday. they plan to offer free rides on the anniversary day. in 1912 the fairs were a nickel. the mta considered charging a nickel on december 28 but free ride turned out to be more feasible. >>> mayor ed lee signed an ordinance banning nudity. it will go into effect february 1. >>> drying out afters of rain but weather could be an obstacle. what you can expect to see tomorrow. >> and crabbers being pinched on prices? >> 2 dollars 75 instead of $3. >> why their dispute could make it harder forria to by -- for you to buy crabs. >>> may be difficult to find crabs this season. it is not the
. analyst say while the job growth is modest, the labor market withstood the impacts o of sandy. >> many of those jobs are being created in our area. >> ken, these restaurants here on north 1st street are packed during the day and they're pretty busy at night. the new report shows nearby tech workers are creating jobs by having a job. tech workers tral in large -- travel in large packs at lunchtime. . >> we go here, sometimes we go to five guys. >> a new report released today shows that for every one high- tech job, 4.3 additional jobs in the local goods and services economy are created in the same region. >> anywhere you see a concentration of high-tech workers, you'll see various other services pop up around them, restaurants and coffee shops and various other services that workers demand. >> services like dental care, perfect smile expanded into this second aufz and hired about ten new employees because of demand. >> our practice has been growing due to the industry in this sglaer and jp's pizza is benefitting by being so close. >> now that they've all opened up, it's been craz
month compared to october. the fallout from hurricane sandy is continuing to disrupt businesses and their hiring and fear of the fiscal cliff is keeping employers from bringing on new workers. they don't know what future tax rates will be and if they can afford more hiring. but on capitol hill democrats are trying to highlight the positives. >> we had a little problem because of what happened with hurricane sandy but we'll still have about 100,000 new jobs. >> reporter: the report comes out in just 15 minutes. we'll show you who is hiring and who is not. reporting live from washington, d.c. alison burns ktvu channel 2 news. >>> time now 5:15. fundraising records were shattered by both president obama and mitt romney during their campaigns. they raised more than $2 billion. campaign finance records show the president raised $1.1 billion for his reelection effort. his republican challenger mitt romney was close behind. $1.1billion. now the record setting amounts don't include the hundreds of millions sent by super packs on ads. >>> it was called the zombie apocalypse. why this sim
over drugs. >> president obama is asking for $60 billions for recovery effort for superstorm sandy. the president made the request today. in a statement the governors said the money would help them rebuild and help protect them from future storms. >>> highway 1 is going to be closed for another week. it was closed on wednesday after a section was damaged during the storms. the road will remain closed while crews work on long term repairs. they hope to have it reopened next friday. detours are in place. >>> you are umbrellas get a break this weekend. no rainfall over the next few days. looks good for saturday and sunday. right now the maps, few high clouds moving into the bay area. also cold temperatures. look that current numbers. san jose right now 50 degrees. look at these upper 30s to lower 40s in the north bay and inland valleys. natcha 39 -- napa 39. and with temperatures matching the dew points, reports of fog. visibility half mile last check. could be going down in the next few hours. headlines for tonight, fair skies. chilly out there. this weekend, dry and temperatures mil
damaged from sandy. contractors will be isn't out to repair the homes at no charge to the montgomerys -- to the homeowners. most of the money is coming from pea -- fema. new york is paying for the rest of it. some say the help is not coming fast enough. >>> also, the mayor of america whack, new jersey will begin its challenge to live on food stamps for a week. he made that bet on twitter with one of its followers last month. the two will eat only what they can buy with $28.78. that's the average that people spent with food stamps. he will live off beans, corn and apples for the next week. >>> 7:44. frightening story for any parent. your child is missing. ktvu's pam cook is in the newsroom with this story. >> the child missing is lost by those paid to watch over her. she's autistic. staff members say they followed her for several blocks to the fruitvale b.a.r.t. station where they lost sight of her. she was found two days later on a muni bus in san francisco. family members say she was badly beaten and sexually assaulted. >> i'm looking at my daughter -- and by the bruises, i know what
initial claims. they say it's a sign nearly all of the effects of superstorm sandy on the labor force have evaporated. this report comes a day before the government releases its closely watched job survey. there are reports that hiring sank last month because of sandy. >>> a new study shows if taxes go up on upper-income americans, the passage of proposition of 3 -- of proposition 30, raised the tax rate for california's highest income earnser -- earners to 13.3%. if the bush cuts expire at the end of the year, that would brick the overall tax rate for higherners in rainfall -- high earners to 51%. >>> this afternoon, president obama will visit a family in northern virginia. he will be talking about the importance of congress extending tax cuts for middle- klaas americans. it's all -- middle-class americans. it's tall about taking action to avoid the fiscal cliff by the end of the month. >>> back here, san jose police investigating a dadly hit and run. last night a man believed to be in his 50s was killed while crossing the intersection at white and kimby roads. he's the -- qwimby roads. t
. hurricane sandy is the second costliest disaster in u.s. history. >>> they had the first hack-a-thon. they worked on ideas yesterday afternoon. the goal was to create fun and practical apps using public information available through county records. >> we have seen interesting ideas around restaurant inspections. and we have seen ideas around places like parks. parks and rec information was interesting to people. >>> the grand prize winners made an app called book it and they took home a $3,000 prize. >>> there appears to and growing backlash against the new logo for the university of california system. more than 25,000 people have signed an on line petition at change.org to review the new design which made its debut friday. some say it is undignified. the new design is not replacing the traditional logo and will be used in traditional to the university seal. >>> they won an emotional victory over western oregon as a player who almost died from cardiac arrest watched from the bench. doctors say danny berger was clinically dead for several seconds when he collapsed during an uta
to replace cars and trucks damaged by hurricane sandy boosting car sales. the sales jumped 14% compared to the same time last year. ford reports at 7:00 this morning gm reports an hour later. among foreign car makers analysts expect honda to see a sales increase of 33%. they also believe volkswagen will see a 25% jump in sales. which will boost it past its sales for the whole year. >>> it's one of the stories you are talking about. what happened with a dolphin at sea world. you have to see what happened to this little girl. now there is a demand that sea world make changes. >>> plus new information on the cat and mouse game silicon valley millionaire mcafee is playing with police in central america. ♪ [ female announcer ] nature exists on the grandest scale... ♪ ...and in the tiniest details. ♪ and sometimes both. nature valley granola thins pack the big taste of granola and dark chocolate into one perfect square, under 100 calories. nature valley granola thins. nature at its most delicious. >>> welcome back to the ktvu channel 2 morning news. if you haven't seen it pretty surpris
sandy have faded. on wall street today, still looking for a compromise to avoid the so-called fiscal cliff. the dow is up 39 to 13,074. the nasdaq is up 15 at 2,989. the s&p is up 4 at 1,413. >>> 360,000 californians will lose long term jobless benefits in three weeks if congress doesn't take action. today senators unveiled their pitch to extend unemployment insurance in 2013. it provides support after state help runs out. >> these are families. families. who depend on these benefits. benefits not an entitlement, they earned the benefits. >> some opponents say the aid should lapse because it discouraging people from looking for work. coming up a warning for the secretary of -- from the secretary offense defense. the jobs on the chopping block in california. >>> a woman who was missing for six days was found last night. paula lane is hospitalized tonight. her boyfriend did not survive. live in nevada where the family is keeping watch tonight. how is she doing? >> reporter: she is recovering tonight here at the medical center where we learned what she ate, what she drank, how she shelt
fell to 370,000. claims had temporarily spiked last month after superstorm sandy. analysts say the effects of the storm are still being seen in the four week average which stands at 408,000. >>> there is new information tonight about an albany middle school teacher who killed himself after being accused of sex allegations. 28-year-old james isam saki killed himself in september after police arrested him and searched his home. since then there has been debate about the extent of the crimes. according to court documents unsealed today, he exchanged thousands of flirtatious messages with an under aged student along with open mouth kissing and fondling on campus. police say there were several victims. >>> police in mountain view have just released photos of an i.d. theft woman. the woman is impersonating a customer in downtown maintain view. the woman made unauthorized withdraws totaling $20,000. they are now asking for the public's help in identifing the woman. >>> we have new details about a 50-year-old woman who was shot and killed tuesday night while out on her bicycle near her
. >> the president is asking congress for more than $60 billion to help with sandy recovery efforts. he made the request friday on behalf of the state's hardest hit by the october storm. in a joint statement the new york governor and new jersey governor said the money would hen the states rebuild as well as help protect them from future storms. >>> the president of the philippines declared a state of emergency after visiting some of the hardest hit areas by the typhoon. helicopter footage shows the damage. the storm wiped out entire villages of 600 people dead and another 600 still missing. officials say that rescue operations have suffered a set back mostly because the survivors are just to shocked to help. there is also concern of food and water. >> yesterday marked the anniversary of pearl harbor and many paused to remember that day. in hawaii there was a moment of silence followed by a fly over at the time when the bombing started. the surprise attack by the japanese killed 2400 people and was the start of the united states involvement in world war ii. >>> in alameda pearl harbor surviv
from hurricane sandy would play a big role the labor department says it really didn't effect hiring. as for fiscal cliff fears would keep businesses from around the country from hiring that does not seem to be the case. either more than half of the jobs added last month came in retail and health care. the jobs were lost in construction and manufacturing. we're working now to get reaction from the white house and members of congress and hope to have that for you during my next update. reporting live from washington, d.c. alison burns. >>> time now 6:17. another story about controversial comedian katt williams. he has more legal problems after announcing he has unreported. an arrest warrant has been issued for katt williams. chp claims williams almost ran down five people when he drove his motorcycle on to a sidewalk. katt williams also failed to show up at an arraignment in seattle to face charges he hit a man with microphone and threw chairs at fans. despite all the controversy williams managers say he's not retiring and will continue with his nation-wide tour. >>> police in mill va
in the park. >> one month later volunteers continue to work side along resident affected by super storm sandy. the cleanup is overwhelming. volunteers from operations less in international chip away at the huge mess. in the wake of super storm sandy, hospitals looking at their own disaster plans and covering their bases. the hospitals routinely test their preparedness. after the storm, officials are taking closer look at fuel and water supplies, how to handle crowd control, and the importance of finding volunteer help in the event of failed communication. >> if you've been with us this morning, rosemary is here. we are talking about the weather. this is one of the biggest weather warnings. fortunately, it's not on a regular commute. heavy rain and wind. as you look at this picture, the national weather service -- this is a big deal -- they've issued a flash flood warning for napa and sonoma county. it's only going to last for the next 45 minutes. it tells me this is a fast- moving storm. how else can i tell that? because it is why storm reports. it is right now moving through the central day.
Search Results 0 to 20 of about 21